State Codes and Statutes
Statutes > North-carolina > Chapter_54C > GS_54C-172§54C‑172. New account books.
A new account book orcertificate or other evidence of ownership of a deposit account may be issuedin the name of the holder of record at any time, when requested by the holderor the holder's legal representative, upon proof satisfactory to the savingsbank that the original account book or certificate has been lost or destroyed. The new account book or certificate shall expressly state that it is issued inlieu of the one lost or destroyed and that the savings bank shall in no way beliable thereafter on account of the original book or certificate. The savingsbank may, in its bylaws, require indemnification against any loss that mightresult from the issuance of the new account book or certified certificate. (1991,c. 680, s. 1.)
